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Top companies to work for in Asia
Executive Chairman and CEO
Mencast Holdings Ltd
MENCAST Holdings is a maintenance, repair and overhaul solutions provider servicing the global offshore, marine and oil & gas industries. The company pays particular attention to treating its 1,000 employees with respect. "People are our core assets and Mencast is committed to being the employer of choice through recognising the contributions of employees and providing opportunities for staff to maximise their potential and develop their abilities," said Glenndle Sim, Executive Chairman and CEO of Mencast Holdings.
Human resources policies and standards are documented in the Employee Handbook and the Performance Appraisal Handbook and made available to all staff. To allow for long-term career planning, Mencast ensures that job descriptions are clearly defined, allowing the strengths of each staff to be identified and maximised.
The company invests in a variety of culture and team building resources, including retreats, motivational lectures and strategy roadmap sessions throughout the year.
As part of its efforts to support government initiatives to promote training and continuing education, external courses that are eligible for the Skills Development Fund (SDF) levy are available for employee consideration at the firm. The Mencast Centre of Excellence offers in-house structured learning and development training tailored to staff needs in a broad range of areas ranging from generic to highly specialised skills.
Outstanding Leaders (Leadership)
Chairman and CEO
Leeden National Oxygen Limited
STEVEN Tham, Chairman and CEO of Leeden National Oxygen believes that the characteristics of a good entrepreneur include the following: "Firstly, the ability to read changes in the business environment well. Secondly, being daring enough to execute the strategy and follow through on the results and, thirdly, learning how to make good use of human talent."
Established in 1964, Leeden National Oxygen, a manufacturer and distributor of welding, industrial gas and safety products has an annual turnover of more than S$200 million, and is the largest welding, safety and gas integrated solutions provider in South-east Asia. The company has evolved to become a value-added integration specialist for its customers in the oil & gas, marine, infrastructure and manufacturing industries.
Said Mr Tham: "This is a highly competitive industry with ease of entry. Hence, product positioning and marketing is of vital importance. Good selection of high quality products is also most important - we focus on product reliability and performance."
Top Outstanding Leaders
CEO, Asiatic Group (Holdings) Limited
SINCE listing Asiatic Group (Holdings) Limited on the Catalist Board of the Singapore Exchange in 2003, the company's chief executive George Tan has been instrumental in expanding and diversifying the group's core fire protection and controlled power solutions business. Its acquisition of Colben Energy marked its entry into the energy sector of South-east Asia.
Mr Tan realised back then that with the rapid population and economic growth, many countries in the region would struggle to meet the growing demand for power supply.
Since then, the group's investment in energy projects has reached over US$100 million. Mr Tan led the development of Colben Energy's first two IPP plants - one in Sihanoukville and another at Phnom Penh, Cambodia - and signed a 10-year power purchase agreement with Electricite Du Cambodge, a state-owned utilities company. Asiatic Group Holdings was also the EPC contractor for both projects and continued on as the Operations and Maintenance contractor.
Panaflo Controls Pte Ltd
ACCORDING to Bernard Wong, managing director of Panaflo Controls, the first hurdle for any entrepreneur is to find the first employees willing to take the first difficult step on the journey to build the business with you.
"Fortunately for me, I have good people who have been with me since I first started the company. The same people who worked with me since even before the company started," said the 47-year-old Singaporean, who has 24 years experience in Flow Controls. Mr Wong's philosophy is simple: "When you don't succeed the first time, try again."
That is exactly what he did. When a Dutch MNC was under financial distress and was forced to diversify its operations, he left and established Panaflo Controls in 2004. In 2007, it became a 100 per cent subsidiary of Pantech Holdings and has grown from a three-person operation to 20 staff. Its average annual turnover has increased from less than a million to over S$20 million.
(Jury - ACES Awards)
"Mencast's culture emphasises both 'doing the right things' (behaviour) as well as 'doing things right' (skills). Over the years, Mencast has built a culture where employees are committed to looking out for one another, seeking solutions, retaining technical expertise and maintaining long-term client relationships so as to achieve excellence and progress for the company."